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NEW YORK - Cloud monitoring and security platform Datadog, Inc. (NASDAQ:DDOG), a $48.6 billion market cap company with impressive 80% gross profit margins, announced Thursday the appointment of Ami Vora to its Board of Directors.
Vora brings over 20 years of experience in product and design leadership at major technology companies. She previously served as Chief Product Officer at Faire, a wholesale marketplace for independent brands and retailers. Before that, she led product and design for WhatsApp and held various leadership roles at Meta, including Vice President and Head of Product for Facebook Ads. According to InvestingPro data, she joins Datadog during a period of strong growth, with the company achieving 26% year-over-year revenue growth.
"Ami is a deeply experienced product leader, with proven success in developing products for billions of users at the largest global tech companies," said Olivier Pomel, Chief Executive Officer at Datadog.
Vora began her career at Microsoft building developer tools and holds a BA in Computer Science from Harvard University.
"I’m inspired by how Datadog makes it easy for builders at companies of all sizes to observe, secure and refine their mission-critical products," Vora said in the press release statement.
Datadog provides a SaaS platform that integrates infrastructure monitoring, application performance monitoring, log management, and other capabilities for cloud applications. Trading at $139.16, InvestingPro analysis suggests the stock is currently trading above its Fair Value, with 32 analysts recently revising their earnings expectations upward for the upcoming period.
In other recent news, Datadog reported impressive second-quarter 2025 results, with revenue growth of 28% year-over-year, surpassing Wall Street’s expectation of 22.5% growth. This performance has led several analyst firms to adjust their price targets for Datadog. Cantor Fitzgerald raised its price target to $179, citing a strong quarterly report that exceeded market concerns, particularly those related to potential in-sourcing by a major AI customer. Bernstein also increased its target to $147, describing the quarter as a "blowout" with the largest dollar beat versus midpoint guidance in the company’s history. Mizuho followed suit, raising its target to $155, noting the significant revenue growth as a "larger than typical upside" for Datadog. Additionally, Needham reiterated its Buy rating, maintaining a price target of $175 and projecting that Datadog’s Annual Recurring Revenue will exceed $3.5 billion next quarter. In another development, Datadog achieved "In Process" status for GovRAMP High Authorization, enhancing its security credentials for public sector clients. This status supports the company’s efforts to handle mission-critical workloads and sensitive data in regulated environments.
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